Fund managers join Oriel Asset Management

UK-based Oriel Asset Management has entered into an agreement with Williams de Broë Asset Management over the running of the WDB Oriel UK Fund, the WDB Oriel European Fund and the WDB Oriel Global Fund with assets of £90m. Managers Patrick Bart


ME investors show interest in London property market

The number of UAE investors buying second homes in London continues to increase due to increased connectivity through frequent flights to the United Kingdom's capital and other cities from the emirates.


Cofunds reveals most popular funds in September

Other funds in the bestsellers list included the £12.7bn Standard Life Global Absolute Return Strategies fund, the £2.9bn Newton Global Higher Income fund and the £550m Liontrust Special Situations fund.


‘Platforms ignoring investment trusts’

The largest platforms are ignoring investment trusts, citing lack of demand but failing to provide the required whole of market offering to advisers, James de Sausmarez has claimed.


Saxo Bank buys Uruguayan broker

Luis Simões Pereira will head up Saxo Capital Markets, Agente de Valores. He has worked in the financial industry since 1996 and joined Saxo Bank in 2006.


Barclays to acquire ING Direct UK

Dutch banking group ING announced its plan to exit the UK in August, as it seeks to raise funds to repay a bailout from the Dutch government.